Currently leased to a government tenant (Wide Bay Health Services) for $480 per week, 7/37 Electra Street offers astute investors a solid "set and forget" option in the heart of growing Bundaberg region. Opportunities like this don't come often.
Built in 2014, in a tightly held complex of nine, the townhouse presents well-maintained interiors across two levels. Downstairs, an air-conditioned rumpus area flows seamlessly to a downstairs bedroom & study, with the bedroom containing a built-in wardrobe. This two-bedroom plus study residence offers well-separated living spaces, functional layout and low-maintenance appeal for astute investors seeking reliable income in a convenient location within Bundaberg.
Upstairs, the air-conditioned open-plan living, dining and kitchen zone maximises space and light. The kitchen is well appointed with stainless-steel sinks, dishwasher, electric oven, cooktop & range hood, while the generous main bedroom features a built-in robe and direct balcony access.
Security screens throughout the property enhance tenant appeal and peace of mind, while the compact nine-townhouse complex offers privacy, easy management and a strong sense of community. With no pool to maintain and minimal common areas, body corporate obligations remain straightforward.
Features:
• Currently leased out Wide-Bay Health Services for $480 per week
• Approximately 350m to Friendlies Private Hospital & 1600m to Bundaberg BASE Hospital
• Rents out to visiting heath practitioners (unit is well-maintained & well-looked after)
• Two-storey townhouse in boutique complex of nine
• Two bedrooms plus separate study/office with under-stair storage
• Two full bathrooms plus separate laundry
• Single remote-controlled garage with internal access
• Ceiling fans & air-conditioners throughout
Location Highlights:
Minutes from Bundaberg Railway Station, Friendlies Private Hospital, multiple schools, Hinkler Central, Sugarland Plaza, Kensington Shopping Centre and numerous parks, cafes and recreational facilities.
With a proven rental history, well-separated living spaces and a tenant already in place, this is an investment that works from day one. Ideal for portfolio builders, SMSF buyers or those seeking an investment opportunity without the hands-on demands of a house & yard. Contact Russell Real Estate today for further information or to arrange your inspection.
Disclaimer: While due care has been taken, Russell Real Estate Pty Ltd makes no warranty as to the accuracy or completeness of this advertisement. Intending purchasers should conduct their own enquiries and inspections, seek independent legal, financial and building advice and perform their own due diligence checks.
